BTC/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

The pair Bitcoin/Tether (BTC/USDT) goes from the bullish trendline down.

A bearish descent down to the next support at 109329.120000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 112575.270000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Matching Low’ candlestick pattern is discovered. The chart shows ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

112575.270000000 – 111782.210000000 – 111771.520000000 – 109329.120000000 – 110279.680000000 – 110528.710000000 — 54.053506502625 – 53.40449034328

Trading Signals: CRYPTO – BTC – BTC/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –